Latest news with #fortune
Bloomberg
5 days ago
- Business
- Bloomberg
Marina Bay Sands Sky Resort to Redefine Singapore Luxury Travel
Each week we bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. Audrey Wan hangs with the high rollers as Singapore breaks ground on a swish new resort. Anders Melin finds a fortune in cardboard cartons, and Bernadette Toh carb-loads at one of Singapore's hottest new dinner spots.
Daily Mail
5 days ago
- Entertainment
- Daily Mail
CEO caught on Coldplay kiss cam could face £30million divorce bill - as livid wife removes her married name on Facebook
It is the cuddle that could cost upwards of £30million. A couple caught in a cosy embrace at a Coldplay concert when video of them flashed on the venue's big screen have been revealed to be wealthy computer executive Andy Byron, 50, and his human resources boss Kristin Cabot, 56. They are married. But to other people. If any divorce action is imminent, it is being speculated that the cringeworthy footage could end up costing Mr Byron a sizeable piece of a fortune estimated at £60million. On top of any division of marital assets, he is chief of a billion-pound Artificial Intelligence firm, Astronomer. The company boasts its staff are 'committed to excellence... keeping customers first' and 'stay(ing) focused' on bringing AI solutions to the world. You do not need the aid of AI to surmise US-based Astronomer must be closely examining policies on potentially distracting relationships between employees. HR boss Mrs Cabot must know the rules inside out. Yesterday Mr Byron's wife Megan Kerrigan Byron first removed her married name 'Byron' from her Facebook page online – then deleted the account altogether as people posted messages of support on to her page. Her Instagram page is also understood to have been deleted. Footage of the incident from the Coldplay concert in a packed stadium in Boston, Massachusetts, on Wednesday spread on the internet. Film shows that as the thousands in the crowd watched, and the British band's lead singer Chris Martin playfully commentated from the stage, live video was beamed to a giant screen from the so-called 'kiss cam' roaming the audience and zooming on couples. Suddenly, it homed in on the pair we now know to be Mr Byron and Mrs Cabot, who has been Astronomer's 'chief people officer' since October, on a salary likely to be in excess of £500,000. While it is unclear how close they remain to their respective spouses – with it appearing they may both live apart from them, though not with each other – they were certainly not keen to be filmed in such an intimate clinch. For a second, they were shown on the giant screen as they had been – him stood behind, his arms wrapped around her chest, with her hands clasping his and keeping them tight to her body. Both were smiling. At first. Pop star Martin – who had been widely ridiculed when he and film star Gwyneth Paltrow announced their divorce by saying they were 'consciously uncoupling' – then said to the cheering audience: 'Oh look at these two...' Byron became CEO in 2023, and last week he appeared on NYSE TV to laud his company's $93 million fundraising in its Series D, which Byron described as 'a huge opportunity' and 'very exciting' for the firm Suddenly, we saw what conscious uncoupling can really mean, and just how fast it can be done. As Martin spoke, the happy pair suddenly realised it was them caught on the big screen, and being talked about – and a look of horror appeared on both their faces. Mr Byron then ducked out of sight, while Mrs Cabot covered her face and turned round, before similarly ducking and disappearing. As the audience laughed and whooped, Mr Martin had continued: 'You ok?...oh what? 'Either they're having an affair or they're just very shy... I'm not sure what to do...' That may well be what Mr Byron and Mrs Cabot have been saying ever since. If they had been trying to keep their relationship quiet, that ship has sailed – with approaching 50 million views of the video on TikTok alone by yesterday afternoon. On realising they were on screen, Mr Byron appears to say 'F****** hell, it's me', with Mrs Cabot adding, 'This is awkward'. You can say that again. On X, one supporter tweeted of the apparently wronged wife's evident attempts to distance herself from Mr Byron: 'What a class act! Go Megan. Get that divorce lawyer and get the money.' The money people are talking about is that accumulated by Mr Byron in his two years at the helm of Astronomer, which is in the process of securing huge contracts globally, opening a London office as it does so. As boss, and a director, of such a start-up, Mr Byron, already speculated to have amassed at least £10million, is likely to have share options of up to 5 per cent of the firm's total £1billion value. But share options can be withdrawn. And observers note he seems to have been a particularly keen supporter of Mrs Cabot's recruitment, talking her up as having 'deep expertise in talent management and employee engagement'. Exactly how Mr Byron himself was managing the talent and engaging with his employee is now the question. On Linkedin, Mrs Cabot boasted she 'wins trust with employees of all levels, from CEOs to assistants'. She added upon joining Astronomer that she was 'energised in my conversations with Andy... about the opportunities that exist here.' Last night the pair were not so keen to make public pronouncements. In a statement posted on LinkedIn, Astronomer said: 'Our leaders are expected to set the standard in both conduct and accountability. 'The Board of Directors has initiated a formal investigation into this matter and we will have additional details to share very shortly. At Thursday night's show in Boston, a day after the furore, Coldplay star Martin continued with the popular 'kiss cam' slot between songs, but asked the first pair caught on screen, to a roar of laughter: 'Are you two a legitimate couple?' Meanwhile the Coldplay fan who shared her mobile phone footage of the original 'kiss cam' incident in the stadium on Wednesday, spreading the story, said she had little regret. Grace Springer, 28, told the US Sun: 'A part of me feels bad for turning these people's lives upside down, but, play stupid games... win stupid prizes. 'I hope their partners can heal from this and get a second chance at the happiness they deserve. My video was a blessing in disguise.' Mr Byron and Mrs Cabot may struggle to agree.
Bloomberg
7 days ago
- Business
- Bloomberg
Who Is Larry Ellison and How Did He Become World's Second-Richest Person
Larry Ellison dropped out of college before co-founding what eventually grew into one of the world's biggest tech companies. The fortune he amassed propelled him to the ranks of the uber-rich, and in July he eclipsed Mark Zuckerberg to become the world's second-wealthiest person. His success has been accompanied by a well-documented history of lavish living. That lifestyle — which includes megayachts, private planes, trophy properties and the purchase of a Hawaiian island — sometimes brings about controversies.
Bloomberg
16-07-2025
- Business
- Bloomberg
How Larry Ellison Became the World's Second-Richest Person
Larry Ellison dropped out of college before co-founding what eventually grew into one of the world's biggest tech companies. The fortune he amassed propelled him to the ranks of the uber-rich, and in July he eclipsed Mark Zuckerberg to become the world's second-wealthiest person. His success has been accompanied by a well-documented history of lavish living. That lifestyle — which includes megayachts, private planes, trophy properties and the purchase of a Hawaiian island — sometimes brings about controversies.
The Sun
14-07-2025
- Entertainment
- The Sun
Son of multi-millionaire ‘Car boot King' SUES step-mum for dad's £43M fortune after he was cut out of will
THE son of a multi-millionaire "car boot king" is embroiled in an inheritance dispute as he goes after his father's £43 million fortune. Richard Scott died in 2018 at the age of 81, leaving his fortune to his second wife and former cleaner, Jennifer Scott. 4 4 4 4 He amassed his £43 million fortune through running a Cheshire farm where ITV's Car Boot Challenge was filmed. Adam Scott, 62, the eldest of Richard's 19 sons is now suing his step-mother after he claims he was promised the farm. He says he spent 40 years working on the farm, starting at the age of nine, with the inheritance promised as a reward. After marrying Jennifer, who is 28 years his junior, in 2016, Richard proceeded to write Adam out of the will. Instead he left his new wife in charge of his "huge quantity of land" which is officially valued at £7 million, although Jennifer believes it to be worth around £43 million based on offers. The pair began dating in 1994. In a High Court legal battle, Adam is suing his stepmother over her inheritance of his father's land. He argues that his father was not in his right mind when he amended and signed his final two wills. Adam had previously tried to prevent Richard's wedding to Jennifer, claiming his dementia had incapacitated him. It led to Richard being interviewed by four registrars and a lawyer from the local council, who confirmed he did have the capacity to marry. Richard's other children all "had expectations of inheritance" according to The Telegraph. He fathered six children with his first wife, six illegitimate children during that relationship, and a further seven children with Jennifer. Once Adam paid the probate value of the land, he believed his other siblings would be "provided for either by rental income or a lump sum paid", as per the original inheritance plan. Through the court proceedings, Adam hopes to restore his father's 1995 will which granted him "a 40-year tenancy of his father's farm and an option to purchase the farm at its pprobate value". When Richard amended the will in 2016, Jennifer's two sons, Gordon and William Redgrave-Scott, and Adam's sister Rebecca Horley also became beneficiaries. The dementia that Richard was diagnosed with in 2011 had reportedly left him almost "incapable of speaking" by 2016. Jennifer's lawyers claim that Richard had cut his son out of the will after he tried to have him sectioned by social services in September 2013. A further complaint by Adam in July 2025 that Richard was abusing Jennifer and his children led to an investigation that was later closed. Alex Troup KC, representing Jennifer, said: 'Richard was angry with Adam for reporting him to social services and their relationship deteriorated as a result.' The lawyer also claimed that Adam had already been awarded land and property worth more than £10 million while his father was still alive. The trial is ongoing.
